Nokia (NYSE:NOK) reported its Q1 earnings results on Thursday, April 20, 2023 at 01:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Nokia missed estimated earnings by 20.0%, reporting an EPS of $0.064 versus an estimate of $0.08.
Revenue was up $285.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.66% drop in the share price the next day.
Here’s a look at Nokia’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.1 | 0.10 | 0.07 |
| EPS Actual | 0.16 | 0.1 | 0.11 | 0.08 |
| Revenue Estimate | 7.20B | 6.32B | 6.15B | 5.86B |
| Revenue Actual | 7.60B | 6.29B | 6.26B | 6.00B |
To track all earnings releases for Nokia visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
